OLED lighting to take off in 2011

TheOLED lighting market is setting the stage to take off in 2011, with OLED lighting revenues forecasted to surpass PMOLED displays in the 2013/2014 timeframe, reaching $6 billion by 2018, according to DisplaySearch’s newly-released report, OLED Lighting in 2009 and Beyond: The Bright Future.

“The unique features of OLED lighting are inspiring the imagination of designers. OLED lighting devices emit from the surface, can be made flexible/rollable, and even transparent like a window or reflective like a mirror. OLED lighting is thin, rugged, lightweight, and has fast switch-on times, wide operating temperatures, no noise and is environmentally friendly. The power efficiency of OLED lighting has also improved dramatically in recent years,” said Jennifer Colegrove, PhD, Director of Display Technologies at DisplaySearch.

“Hundreds of millions of dollars have been invested in OLED lighting, especially in Europe, the US, and Japan. Although OLED displays have been in mass production for about a decade, OLED lighting just started sampling and small volume production. This is due to the fact that OLED displays and OLED lighting face different challenges,” added Dr. Colegrove.